“If you can’t fly, then run. If you can’t run, then walk. If you can’t walk, then crawl. But whatever you do, you have to keep moving forward” -Martin Luther King, Jr.
Independent of how one elects to measure change, we live in an era of remarkable and unprecedented transformation. The constant that is change is true whether one is considering social, political, religious, scientific or business disciplines and/or any myriad of approaches and philosophies governing the dimensions of who we are, what we believe, what we have and will become, and the conditions we pass to future generations. Enormous issues to ponder, to consider, to deliberate and, ultimately, to decide.
To borrow from one of Dr. King’s many sage observations, we at HS Management Partners embrace such change with an eye toward “moving forward.” From the perspective of effectively and prudently managing client assets, we believe that moving forward not only requires identifying and owning businesses whose relevancy is resonating – positive change – but also in recognizing that amidst such contours, the preservation of client capital is a vitally important element of change when headwinds small and large yield turbulence, as market participants have witnessed in recent weeks.
(Download PDF to Read More) Up the Down Escalator